Education Loan for Engineering: Simple and Innovative

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All about Education Loan for Engineering

Education Loan for Engineering

Cheapest Education Loan for Engineering @ 9.33%

Engineering is one of the most demanding courses in this 21st century. The Art of Creating Ideas, Constructing Visions and Connecting World is tempting the students to  join Engineering Courses. High pay scale, Rapid Growing Opportunities and a profile with “Name and Fame” are some reasons for the popularity of Engineering. If you dream to Innovate Technology, then don’t ruin your dreams because of Financial Constraints. Whether it is B.Tech. or M.Tech, You can avail an Education Loan.

“Engineers like to Solve the Problems and we will solve your Financial problems.” 

Education Loan Engineering

What is Education Loan?

Education Loan is a financial help offered by the Banks and NBFCs to help a scholar in pursuing the Expensive Education. Different Banks in India offers finance which may vary according to the university or college and customers’ requirement. For studies within India, banks offer maximum Education Loan amount up to 10 lakh rupees and for abroad studies, it is up to 20 lakh rupees. It may vary according to the banks or NBFCs.

Documents Required for Education Loan










Latest 6 Months Bank Statement of the Salary Account.

Last 2 Year ITR with Computation of Income

Last 2 Years Audited Balance Sheet

Last 6 Months Bank Statement

Proof of Turnover (Latest Sales / Service Tax Return)





Last 2 Years Audited Balance Sheet / P& L

Last 6 Months Bank Statement

Proof of Qualification




Latest Photograph (Signed Across)

INCOME DOCUMENTS – Education Loan for Engineering

Latest 2 Salary Slips carrying date of joining details

Last 2 Year ITR with Computation of Income

Completed Application Form


Education Loan Eligibility Criteria:

  • You need to be a Resident Indian
  • You should be aged between 16 – 35 yrs.
  • COLLATERAL is required for all loans greater than Rs. 7.5 Lakhs.
  • All Loans require a co-applicant.

Avail the Best Education Loan for Engineering with the help of on Lowest Interest Rates with Easy norms and Flexible schemes. Fulfill your dream of pursuing higher education and live a stable, comfortable and happy life. Enjoy the personalized and Doorstep Services of Dialabank.